Sandoz signs landmark supply and manufacturing agreement [Canadian Business Journal (Canada)]
Novartis AG (NVS)
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Source: Canadian Business Journal
BOUCHERVILLE, Quebec, March 18, 2025 (GLOBE NEWSWIRE) — Sandoz Canada, the leader in generic and biosimilar medicines in Canada, has signed a 10-year, long-term supply agreement with its partner Delpharm, a global pharmaceutical developer and contract manufacturer. This partnership, along with financial backing from the Government of Canada, will allow Delpharm to carry out its modernization plan for its Boucherville plant.Michel Robidoux, President and General Manager of Sandoz Canada, said: “Almost every minor or major surgery in the country is performed with at least one Sandoz medicine that is manufactured in Boucherville. This is how we are continuing our Purpose of pioneering access for Canadian patients.”After Delpharm bought the Boucherville plant in 2022, Sandoz signed an exclusive partnership with the company to maintain its supply of sterile injectables for Canadian hospitals.The Boucherville plant is considered to be essential to the Canadian hospital network as it produce
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NVS
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- NVS's page on the SEC website